Message-ID: <7206469.1075860066475.JavaMail.evans@thyme>
Date: Fri, 21 Jan 2000 07:39:00 -0800 (PST)
From: mark.taylor@enron.com
To: louise.kitchen@enron.com
Subject: Re: 5 each
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Mark Taylor
X-To: Louise Kitchen
X-cc: 
X-bcc: 
X-Folder: \Mark_Taylor _Dec_2000\Notes Folders\Sent
X-Origin: Taylor-M
X-FileName: mtaylor.nsf

In US financial trading (derivatives) we send the attachment each time, but 
it should only be 4 or 5 pages long.  This may be different in the physical 
trading world - I'll check into it.




Louise Kitchen
01/21/2000 02:48 PM
To: Mark Taylor/HOU/ECT@ECT
cc:  
Subject: Re: 5 each

Thoughts?
---------------------- Forwarded by Louise Kitchen/LON/ECT on 01/21/2000 
08:46 PM ---------------------------


Raphael Brun
01/21/2000 06:42 PM
To: Louise Kitchen/LON/ECT@ECT
cc: Ellen Wallumrod/LON/ECT@ECT 

Subject: Re: 5 each  

Thank you  Louise,

Just one remark which came back to me already a couple of time.

When we close a transaction with our normal counterparties, why do we need to 
send the GTC each time since when we close OTC witrh these same 
counterparties, this is not necessary ?

They are finding that our confirmations are 13 pages long for a single swap. 
Do you think we could avoid sending the GTC for some of our most active 
counterparties ?

Regards

Raphael